The amounts or debts owing by the business is called ___________
ALiabilities
BAssets
CBorrowings
DNone of these
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Related Questions:
__________ is used to record all cash transactions.
An account is in the name of a person, firm or company is called _______
Human resources cannot be recorded in the books of accounts. It is based on the .......... concept.
Example of non operating expenses :
The process of recording any one of the element in a transaction or keeping some books of accounts is called _____